London's famous Herne Hill velodrome may have seen its last action after more than 100 years after tPIC BY TDWSPORT.COM London's famous Herne Hill velodrome, which was opened in 1892, is in danger of disappearing forever after its landlord failed to extend the lease on the site. The south London velodrome's gates were closed on February 1. It is feared that the ageing outdoor venue, which hosted the track cycling events at the 1908 and 1948 Olympics, will fall victim to residential development in what is one of London's most expensive areas. Among cyclists who have emerged from Herne Hill are former world pursuit champion Tony Doyle and current Olympic pursuit champion Bradley Wiggins, who first rode there as an eight year old. Owned by the Dulwich Estate, Herne Hill has been the subject of a campaign by the London Velodrome Trust to safeguard its future. A £7 million regeneration plan was put together in 2002, and was backed by London mayor Ken Livingstone, but that funding has not been secured. Although Southwark council asked for a five-year extension of the track's lease, the Dulwich Estate turned this down and have started negotiations over the site's future with a commercial leisure company. The Dulwich Estate has said that it will be exploring alternative leisure uses for the site.